UOA Group has donated RM1.03 million worth of intensive care unit (ICU) equipment to Hospital Tengku Ampuan Rahimah (HTAR) in Klang as part of its corporate social responsibility (CSR) initiatives.

“We decided to donate the ICU equipment after it was brought to our attention that the hospital is in urgent need of medical devices to treat patients amid the critical Covid-19 situation,” said UOA Development Bhd manager (Property) Sam Khoo in a press release

UOA donates ICU equipment worth more than RM1 million to Hospital Tengku Ampuan Rahimah

Every major city has its own Chinatown. Kuala Lumpur is no different. The most famous street in its Chinatown is Petaling Street, or Chee Cheong Kai in Cantonese. 

The street is famous for its market, which sells everything from cheap knock-offs to fresh flowers. However, there is ...

Bright outlook for Petaling Street, with price appreciation seen

In a different time and place, Sufian Abdullah would have become an astronaut. “It was impossible at the time [to be an astronaut], so I went for the next best thing. I read an article in GQ magazine that architect is the sexiest profession — that was it. Forget about being an astronaut,” he says...

Cover Story: Creating a collective consciousness

i-City Golden Triangle (i-City GT) by I-Bhd in Shah Alam is geared up and future-ready for the deployment of 5G technology.

i-City Golden Triangle ready for 5G technology

The occupancy rate of the office market in Kuala Lumpur city is expected to see further pressure as the gap between supply and demand continues to widen amid weaker demand for office space. However,  the occupancy rate is expected to stabilise during the year in KL fringe, supported by susta...

The Edge  |   Kuala lumpur and selangor office Monitor (1Q2021): Further pressure seen on rent and occupancy rate

A warm breeze greets us the moment we step out of the back door of Kiara Bay’s sales gallery. In front of us is a 141-acre lake, and the gentle swaying of the trees surrounding it and sunlight reflecting off the water have an immediate calming effect on us.

The 73-acre Kiara Bay was int...

Cover Story: Kiara Bay to be catalyst for rejuvenation ­­of Kepong

Young people have been going abroad to further their studies for years. In 2017 alone, there were more than five million international students at universities across the globe. A large number of them were from the Far East, according to figures provided by Unesco.

In its Global Living ...

International student housing to be organically driven

For long-time Cheras resident Emmanuel, the Taman Maluri and Jalan Peel of the 1990s were very different from what they are today. “There used to be some rumah papan in Taman Maluri, near Jusco, that housed two popular yong tau foo stalls. Back then, Jusco Maluri was super small...

Jalan Peel to ride development wave of Taman Maluri

Bandar Menjalara is a busy neighbourhood. Parking in the main commercial area is always difficult owing to the wide range of eateries and shops there. In the mornings and evenings, residents can be seen jogging or walking in the 20-acre Taman Tasik Menjalara.

Thanks to its location adja...

Cover Story: Banking on its location

Despite the subdued market, owing to the pandemic and Movement Control Order (MCO), Tan Sri Leong Hoy Kum was still upbeat when we spoke to him two days before Chinese New Year. 

The optimism of the founder and group managing director of Mah Sing Group Bhd could be seen in the Zoom...

Cover Story: New year, new targets

PADANG BESAR (April 26): Communications Minister Fahmi Fadzil said on Friday that the Terengganu government’s decision to reject the Territorial Sea Act 2012 through a motion passed in the State Legislative Assembly (DUN) on Thursday (April 25), has been seen as a cynical and hypocritical act.

Fahmi: Terengganu’s decision to reject Territorial Sea Act 2012 cynical, hypocritical

MOSCOW/LONDON (April 26): Russia's central bank held its key interest rate at 16% for the third meeting running on Friday, but raised its inflation forecast for 2024, acknowledging for the first time that it may struggle to reach its 4% target this year.

Russian central bank holds rates at 16%, raises inflation forecast

Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi's defamation lawsuit against former prime minister Tan Sri Muhyiddin Yassin is headed for a settlement after the two leaders agreed to end a personal dispute between them.

Zahid and Muhyiddin agree to settle defamation suit

Gadang Holdings Bhd has secured a RM280 million contract to design and develop the Klang Valley Data Centre Block 2 in Cyberjaya from TM Technology Services Sdn Bhd, a business entity of Telekom Malaysia Bhd.

Gadang wins RM280 mil Klang Valley data centre jobs from TM Technology

The US equity market will continue to rely on a handful of megacap stocks for direction until an uptick in real interest rates ignites recession fears, according to Bank of America Corp strategists.

US megacaps to lead stock rally until real rates bite, says BofA

Matrix Concepts has unveiled the second phase of Resort Villa in Bandar Sri Sendayan, Seremban.

NEWS: Matrix Concepts unveils phase 2 of Resort Villa

US auto safety regulators said Friday they have opened an investigation into whether Tesla's recall of more than two million vehicles announced in December to install new Autopilot safeguards is adequate.

US probes Tesla recall of two million vehicles over Autopilot, citing concerns

KUALA LUMPUR (April 26): Gamuda Land, the property arm of Gamuda Bhd, has unveiled partners for Gardens Square, the latest commercial development at the 810-acre Gamuda Gardens in Sungai Buloh.

Gamuda Land announces retail partners for upcoming commercial development in Gamuda Gardens

Wiradani Development Sdn Bhd — a property developer linked to the son of former finance minister Tun Daim Zainuddin — has filed a fresh winding-up petition against SPNB Aspirasi Sdn Bhd, a wholly-owned subsidiary of Syarikat Perumahan Negara Bhd (SPNB).

SPNB unit faces fresh winding-up petition on failure to complete payment to Wiradani after settlement

HULU SELANGOR (April 26): The Election Commission is actively making final preparations to ensure a smooth nomination process for the Kuala Kubu Baharu by-election on Saturday (April 27).

Kuala Kubu Baharu polls: Nomination day preparations 90% complete

Most read this week - Stay up to date with the biggest news and latest trending topics by checking out the top 10 articles of the week. 

Most read this week

The Inland Revenue Board (IRB) has extended the deadline for non-business taxpayers to submit their tax return form for the year of assessment 2023 via e-Filing from April 30 to May 15.

e-Filing: Tax return form submission deadline extended to May 15 for non-business taxpayers

Berjaya Corp&nbsp;Bhd (BCorp) has denied that its founder Tan Sri&nbsp;Vincent Tan Chee Yioun participated in talks to revive a US$100 billion (RM477.60 billion)&nbsp;Forest City casino resort as reported recently.

Berjaya Corp denies participation in talks to revive Forest City casino resort

Maxis Bhd could work with another consortium partner to lower the cost of deploying the second 5G network, even after the recapitalisation of Digital Nasional Bhd (DNB), said RHB Research in a note on Friday.

Maxis could lead second 5G network roll-out with new consortium partner, says RHB Research

Analysts believe Capital A Bhd's proposed restructuring plan will help the group exit the Practice Note 17 (PN17) status and enhance its competitiveness, as well as provide benefits to AirAsia X Bhd's (AAX) shareholders in terms of free warrants and improved company valuation post restructuring.

Analysts positive restructuring plan will uplift Capital A's PN17 status, benefit AirAsia X shareholders

Doctor-turned-businessman Tan Sri Mohan MK Swami and his partner Datuk Seri Dr Shamir Kumar Nandy agreed on Friday to acquire a 58% stake in property management company Turiya Bhd for RM52.86 million from MAA Group Bhd.

Mohan Swami, partner agree to buy 58% of Turiya for RM52.86m from MAA Group

The corporate exercise to merge the AirAsia airline businesses under AirAsia X Bhd (AAX) is apparently sufficient to offset all of the RM8.7 billion negative equity in Capital A Bhd, according to chief executive officer Tan Sri Tony Fernandes.

Merger of airlines alone enough to reverse all of Capital A's negative equity, says Fernandes

The Securities Commission Malaysia (SC) has updated its Investor Alert List.

SC adds four entities to Investor Alert List, two being potential clones

Shares in ViTrox Corp Bhd fell to their lowest in a month, as first-quarter results disappointed investors, while analysts turned increasingly cautious on the semiconductor company’s near-term prospects.

ViTrox fell as much as 6% before ending the day at RM7.40, its lowest since March 26, 2024. The stock was still down a little under 3% at the closing bell after 5.29 million shares changed hands. In contrast, the country’s benchmark index FBM KLCI was 0.4% higher.

ViTrox slips to one-month low as 1Q disappoints, analysts raise caution

Uday Kotak built his Kotak Mahindra Bank Ltd over decades to become Asia’s richest banker. After India’s regulator slapped his firm with a surprise ban, he’s facing one of his biggest tests yet — and a dip in wealth.

Asia’s richest banker loses US$1.2 bil after RBI ban

RHB Retail Research said YTL Corp Bhd is eyeing to extend the upside movement after it staged a bullish breakout.

YTL Corp eyeing to extend upside movement, says RHB Retail Research 

Mercury Securities Sdn Bhd has valued ACE Market-bound Sin-Kung Logistics Bhd at 14 sen based on a 14 times financial year 2025 (FY2025) earnings per share forecast of one sen.

Mercury Securities values ACE Market-bound Sin-Kung Logistics at 14 sen

Malayan Banking Bhd (Maybank) has obtained a summary judgement at the High Court here against ACE Credit (M) Sdn Bhd, ACE Corporation (M) Sdn Bhd, and the company directors Datuk Choong Chee Meng and Chang Ai Nee, for defaulting on a RM46.47 million loan given to them by the bank.

Maybank obtains summary judgement against ACE Corporation, three others for RM46m loan default

The country’s&nbsp;fifth-generation (5G) network&nbsp;adoption rate has reached nearly 36% as of mid-April, while the service coverage rate stood at 80.3% in February.

Fahmi: 5G adoption rate almost 36%, coverage 80.3%, second network unveiling next week

Prime Minister Datuk Seri Anwar Ibrahim on Friday suggested all parties mentioned in a recent report&nbsp;alleging that the government is planning to issue&nbsp;a licence for a casino in&nbsp;Forest City, Johor, to take necessary action&nbsp;against the foreign news agency.

Anwar wants action taken against Forest City casino licence news report

RHB Retail Research said VS Industry Bhd is poised to continue the bullish trajectory after it broke past the key resistance on high volume.

VS Industry poised to continue bullish trajectory, says RHB Retail Research 

Nestle (Malaysia) Bhd is slated to raise prices for 22 of its products starting July 1, according to the Federation of Sundry Goods Merchants Associations of Malaysia (FSGMAM).

Nestle Malaysia to adjust prices of 22 products starting July 1

The world’s 3,000 billionaires should pay a minimum 2% tax on their fast-growing wealth to raise £250 billion (RM1.28 trillion) a year for the global fight against poverty, inequality and global heating, ministers from four leading economies have suggested.

World’s billionaires should pay minimum 2% wealth tax, say G20 ministers

The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen.

China’s upstart electric brands, and even its state-owned, legacy automakers, are racing to pack technology and features once considered premium into electric vehicles (EVs) as cheap as US$20,000 (RM95,525) — less than half the cost of an average new car in the US, now more than US$48,000.

Battle for 'tech luxury' in China as EVs get smarter — and cheaper

The Malaysian Anti-Corruption Commission (MACC) has given businessmen Mirzan Mahathir and Tan Sri Mokhzani Mahathir a 30-day extension from Friday to declare their assets to the anti-graft body.

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